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Noritsu Koki Co Ltd (7744.T)

7744.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Gene Techno Science commences phase III clinical trial for biosimilars in ophthalmology
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Gene Techno Science Co Ltd <4584.T>:Says it commenced the phase III clinical trial for biosimilars in ophthalmology, which is a joint work between the co and Senju Pharmaceutical Co Ltd .  Full Article

Noritsu Koki announces outcome of takeover bid for shares of Gene Techno Science Co Ltd by unit
Tuesday, 31 May 2016 

Noritsu Koki Co Ltd <7744.T>: Says the sub-subsidiary, a limited liability company (Launchpad12), acquired 1.8 million shares of Gene Techno Science Co Ltd <4585.T>, during the period from April 15 to May 30 . Says acquisition price at 3,000 yen per share . Says payment date June 6 .Says Launchpad12 will hold 57.8 percent voting rights in Gene Techno Science after the transaction.  Full Article

Noritsu Koki unit to buy UNIKE SOFTWARE RESEARCH for 3,317 mln yen
Friday, 27 May 2016 

Noritsu Koki Co Ltd <7744.T>: Says its unit NKrelations to set up SPC to acquire 100 percent voting rights in UNIKE SOFTWARE RESEARCH from a Japan-based co and individuals . Says transaction price 3,317 million yen in total (including expense) .Says transaction planned effective on June 23.  Full Article

Noritsu Koki's unit offers takeover bid for shares of Gene Techno Science Co Ltd
Monday, 28 Mar 2016 

Noritsu Koki Co Ltd:Says its wholly owned sub-subsidiary, a limited liability company (Launchpad12) offered a takeover bid for 3,716,031 shares of Gene Techno Science Co Ltd.Offered purchase price at 3,000 yen per share.Aims to raise stake in Gene Techno Science Co Ltd to 100 pct from 18.01 pct.Takeover bid total amount at 11,123 million yen for 3,716,031 shares.Offering period from April 15 to May 30.Settlement starts on June 6.  Full Article

Noritsu Koki subsidiary to acquire GeneTech Inc. for 3,023 million yen
Friday, 25 Mar 2016 

Noritsu Koki Co Ltd:Says its subsidiary, NKrelations, to purchase 74,000 shares of GeneTech Inc., for 3,023 million yen in all.Effective date April 5.After the transaction, NKrelations will hold 64.7 pct stake in GeneTech Inc, up from 0 pct.  Full Article

Noritsu Koki revises consolidated full-year outlook for FY 2016
Friday, 26 Feb 2016 

Noritsu Koki Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 42,500 million yen from 55,000 million yen for FY ending March 2016.Operating profit forecast increased to 2,300 million yen from -4,200 million yen.Net profit forecast decreased to -3,300 million yen from 0 million yen.Earnings per share decreased to -92.66 yen from 0 yen.Comments the stake acquisition of subsidiary and adopting International Financial Reporting Standards are the main reasons for the forecast.  Full Article

Noritsu Koki to sell stake in two units
Monday, 15 Feb 2016 

Noritsu Koki Co Ltd:To sell 100 pct stake in unit Ai-Medic and entire 99.75 pct stake in MMT, to a Tokyo investment partnership on March 11.  Full Article

Noritsu Koki amends consolidated full-year outlook for FY 2016
Friday, 12 Feb 2016 

Noritsu Koki Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 55,000 mln yen from 58,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to a loss of 4,200 mln yen from a loss of 3,300 mln yen.Sees a decrease of pre-tax profit forecast to a loss of 4,200 mln yen from a loss of 3,300 mln yen.Sees an increase of net profit forecast to 0 yen from a loss of 5,000 mln yen.Sees an increase of earnings per share to 0 yen from a loss of 140.39 yen.Comments the sale of units as the main reason for the forecast.  Full Article

Noritsu Koki lowers consolidated full-year outlook for FY 2016
Monday, 8 Feb 2016 

Noritsu Koki Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 58,000 mln yen from 60,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to a loss of 3,300 mln yen from 2,700 mln yen.Sees a decrease of ordinary profit forecast to a loss of 3,300 mln yen from 2,800 mln yen.Sees a decrease of net profit forecast to a loss of 5,000 mln yen from 500 mln yen.Sees a decrease of earnings per share to a loss of 140.39 yen from 14.04 yen.Comments the decreased sales in core businesses as the main reasons for the forecast.  Full Article